This looks like a solid crypto trade setup for SUI/USDT, highlighting a bullish momentum with a clear breakout strategy. Here's a brief breakdown of the plan with some insights:
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Trade Summary: SUI/USDT
Current Price: $3.9396
24h High: $3.9404
Volume: High (Bullish signal)
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Entry Strategy:
Conservative Buy Zone: $3.88 – $3.92
Ideal on pullback near support/pivot ($3.93).
Aggressive Entry: Break above $3.945 with strong volume (15m/1h candle close).
Watch for bullish confirmation + volume spike.
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Targets:
Target 1: $4.05 (near-term resistance)
Target 2: $4.20 (extended move)
Target 3: $4.38 (strong breakout zone)
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Stop-Loss:
Tight SL: Below $3.85 (for intraday)
Wider SL: Below $3.75 (swing/safer setup)
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Technical Zones:
Support Levels: $3.85, $3.70
Resistance Levels: $3.945, $4.05, $4.20
Pivot Point: $3.93
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Strategy Notes:
Momentum strong across Layer 1s (SOL, AVAX – market-wide bullish narrative).
Best to wait for confirmation above $3.94 to avoid false breakouts.
Scalp or trailing SL strategy fits this tight consolidation breakout.
